The best way to stop rent-seeking by firms competing for government contracts is to
A) impose significant criminal penalties for lobbying activities.
B) require complete disclosure of amounts spent by firms on lobbying.
C) require complete disclosure by politicians and bureaucrats of gifts from lobbyists.
D) award the contract on the basis of price,quality of service,or other performance-related measures.
E) award the contract through a lottery.
Correct Answer:
Verified
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A) only in industrialized
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Q131: Rent-seeking describes
A) the consequences of high mortgage
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